Suspected missile strikes hit an Iranian oil tanker near the Saudi coast on Friday, its owner said, the first Iranian vessel targeted since a spate of attacks in the Gulf Washington blamed on Tehran. Oil prices surged more than two percent on the news, which raised new supply...

European Union finance ministers agreed to remove the United Arab Emirates (UAE) and Switzerland from the bloc's lists of countries deemed to be acting as tax havens, according to a statement Thursday. At a meeting in Luxembourg, ministers decided to drop UAE from the EU blacklist that...

 Saudi Arabia's deputy defense minister Prince Khalid bin Salman said Thursday he discussed regional security and military cooperation with senior U.S. government officials at a time of heightened tension with Iran following last month's attacks on Saudi oil facilities. Saudi Arabia...

Saudi Arabia announced on Wednesday it will allow women in the ultra-conservative kingdom to serve in the armed forces as it embarks on a broad programme of economic and social reforms.  The move is the latest in a series of measures aimed at increasing the rights of women in the...